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  • ab348ab348 Member Posts: 20,287
    driver100 said:


    That is a terrible experience, however, there are lots of happy KIA and Hyundai owners as well. It is hard to know what actually happened though, she says the warning light didn't come on but someone may have told her to say that after the fact. Hard to believe a car goes empty on oil and a simple warning light didn't go on. Some people who aren't knowledgeable think that is just an annoying warning light, and you can still drive around for a while before getting it checked.
    I do know that when we sold my brothers Accent to the dealer they were a sleazy bunch who would say anything to sell a car or in his case give him bottom dollar for his car.
    The reviews are good for KIA/Hyundai and I would consider one........I would say every make has cars that are troublesome, and few car makers will take the high road.

    She sounds to me like someone who knows little about cars and trusted the dealer(s) implicitly. Given the ethics of some H/K dealers around here that would have been her first mistake. The "no oil" excuse is bogus from the manufacturer's point of view in that she had the most recent service done at one of their authorized dealers, and the oil light supposedly never came on. The first point is documented, the second is only her word but largely meaningless given the first point. Who is to say the dealer looking into the problem did not do that themselves? With a recent service history on the books the car should never have run out of oil.

    I would be a bit more on the fence if H/K has not had such ongoing problems with engine failures. They slowly and grudgingly accepted responsibility for some of those in the end, but even there they defined the problem narrowly and excluded vehicles that had engine failures which did not meet their definition of corporate liability. Add to that the ongoing investigations into engine fires and sunroofs shattering spontaneously and it does not inspire much confidence. As for the reviews being good, that is an ongoing mystery. Reviewers seem to love H/K products for the most part and every new model intro gets them fawning all over whatever vehicle it is. Reviewers seem to ignore the checkered history of ownership experiences over the years. That's not to say that every H/K vehicle is bad, but enough have been to where you would think the reviewers would at least mention it. They certainly never seem to fail doing that with certain other makes.

    2017 Cadillac ATS Performance Premium 3.6

  • oldfarmer50oldfarmer50 Member Posts: 24,203
    driver100 said:

    ab348 said:

    Stories like this one about Kia Canada keep popping up and end up throwing cold water on any desires I might have for one.

    That is a terrible experience, however, there are lots of happy KIA and Hyundai owners as well. It is hard to know what actually happened though, she says the warning light didn't come on but someone may have told her to say that after the fact. Hard to believe a car goes empty on oil and a simple warning light didn't go on. Some people who aren't knowledgeable think that is just an annoying warning light, and you can still drive around for a while before getting it checked.
    I do know that when we sold my brothers Accent to the dealer they were a sleazy bunch who would say anything to sell a car or in his case give him bottom dollar for his car.
    The reviews are good for KIA/Hyundai and I would consider one........I would say every make has cars that are troublesome, and few car makers will take the high road.

    Back in the early 2010s I believe Hyundai/Kia has problems with the quality of their Theta engines I believe. Something about poor manufacturing leaving metal shavings which killed the engine. I thought they had taken care of that problem by 2016 but who knows.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • imidazol97imidazol97 Member Posts: 27,676
    Microsoft Windows Version 1.0 came out November 20, 1985.

    That was 36 years ago.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • jmonroe1jmonroe1 Member Posts: 9,331
    sda said:

    Probably the nicest day for the rest of the year.
    Blew the leaves for the last time and mowed the lawn, trying use up the gas in the mower.
    Cleaned and winterized the mower and brought the snowblower up from the shed.

    Speaking of snow blowers for the first time in my life I have one. Me and my wife had a big discussion at the Home Depot about if we should spend the hundreds of $'s to get a snow blower or $15 to get a new snow shovel. In the end she won out and we bought the blower. You all know what that means, no snow this year.
    That might be a better investment than you think..no snow.
    I didn’t use my snow blower one time last year. Just ran over what snow accumulation we did get, a few times, with Mrs. j’s snow mobile (AKA her AWD Subie). Something tells me I’ll be making up for last year this year. I hate when that happens. :(

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • jmonroe1jmonroe1 Member Posts: 9,331

    Microsoft Windows Version 1.0 came out November 20, 1985.

    That was 36 years ago.

    What does that have to do with poor quality Korean engines? :s

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • driver100driver100 Member Posts: 32,593
    jmonroe1 said:

    Microsoft Windows Version 1.0 came out November 20, 1985.

    That was 36 years ago.

    What does that have to do with poor quality Korean engines? :s

    jmonroe
    Speaking about K/H and problems with oil changes.......................

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • driver100driver100 Member Posts: 32,593
    @ab348 U.S News rates a 2020 Sonata as 8 out of 10 and a little weak in performance and higher than average ownership costs. 2020 KIA comes in in 4th place, behind Honda, Mazda 6, and Camry.
    We need more information to which may be impossible to know regarding the young lady with the oil problem. I don't trust the dealers story, but she has no proof either. It seems that newer cars don't usually go through that much oil. And didn't snake get a new engine in his car? I like that KIA but I don't know if I could actually buy one.....I'd probably trust the Honda or Toyota more (and suffer with numb handling, but KIA's is probably numb too).

    In summary:
    Pros
    Premium cabin
    Simple infotainment controls
    Large trunk
    Good fuel economy
    CONS
    So-so base engine
    Less agile than rivals
    High projected ownership costs

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • kyfdxkyfdx Moderator Posts: 265,778
    bwia said:

    I have not seen one up close and personal but why is the Kia 2022 K5 GT-Line so cheap? At under $30K, in a tight auto market, it seems like a steal or the ultimate auto bargain. Throw in an EV propulsion system and viola, you have a $50k car.

    I was at the Kia dealer today. $5000 ADM on the sticker

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  • driver100driver100 Member Posts: 32,593
    kyfdx said:

    bwia said:

    I have not seen one up close and personal but why is the Kia 2022 K5 GT-Line so cheap? At under $30K, in a tight auto market, it seems like a steal or the ultimate auto bargain. Throw in an EV propulsion system and viola, you have a $50k car.

    I was at the Kia dealer today. $5000 ADM on the sticker
    lol...you're joking right? :p

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • stickguystickguy Member Posts: 53,356
    honda dealer today said they didn't have one on a Ridgeline but wanted $2,500 ADM on a Civic Si. since it is going to be "rare" and they only have a couple of ones allocated now.

    Monday will ask Acura dealer if I can pre-order their 1st Integra for sticker!

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • jmonroe1jmonroe1 Member Posts: 9,331
    driver100 said:

    kyfdx said:

    bwia said:

    I have not seen one up close and personal but why is the Kia 2022 K5 GT-Line so cheap? At under $30K, in a tight auto market, it seems like a steal or the ultimate auto bargain. Throw in an EV propulsion system and viola, you have a $50k car.

    I was at the Kia dealer today. $5000 ADM on the sticker
    lol...you're joking right? :p
    Why would he joke about that? That sounds like the car biz today to me.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • stickguystickguy Member Posts: 53,356
    I seem to recall reading that some cars won't even put the oil pressure light on until the level is so low that the engine is already toast. So it isn't some kind of useful warning signal. And I am sure my wife would not know what it meant, or notice it in time for it to help!

    there are enough sensors on a car now that it should be easy enough to have a message pop up on the dash saying "oil level low" when it drops down a quart. Should not have to wait until it is just about bone dry.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • jmonroe1jmonroe1 Member Posts: 9,331
    stickguy said:

    I seem to recall reading that some cars won't even put the oil pressure light on until the level is so low that the engine is already toast. So it isn't some kind of useful warning signal. And I am sure my wife would not know what it meant, or notice it in time for it to help!

    there are enough sensors on a car now that it should be easy enough to have a message pop up on the dash saying "oil level low" when it drops down a quart. Should not have to wait until it is just about bone dry.

    If that is true that is a pathetic design.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • roadburnerroadburner Member Posts: 18,331
    edited November 2021
    I think that I mentioned this before, but the horror stories I read on a few Kia forums but a 9mm hollow point bullet in the head of my plans to buy a RWD Stinger GT2; tales of side skirts ruined by improper lifts were rampant, along with scratched fenders and greasy hand prints on interior panels. Then there was the dealer with the moronic so-called "technician" who scribbled the oil capacity on the engine cover with a Sharpie. Of course the idiot service manager couldn't understand why the owner was upset about it.

    Toyota dealer's aren't doing much better with the Supra, several have bricked ECUs during software recall updates, along with these posts from the Mk V forum:

    "I brought my 2020 Supra for the software recall and when I got my car back the navigation system just indicates "Loading". I brought it again and they could not get it to load. Has anyone had this issue and what was done to get the navigation to load?"

    "Two of my local Supra buddies have trashed headunits too as a result of the recall."

    "On one Supra they also broke a wire when changing the cabin air filter. His Supra will be at the dealer for weeks. They put him in a Corolla loaner. He’s loving life."

    Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
    Wife's: 2021 Sahara 4xe
    Son's: 2018 330i xDrive

  • snakeweaselsnakeweasel Member Posts: 19,592
    driver100 said:

    @ab348 U.S News rates a 2020 Sonata as 8 out of 10 and a little weak in performance and higher than average ownership costs. 2020 KIA comes in in 4th place, behind Honda, Mazda 6, and Camry.
    We need more information to which may be impossible to know regarding the young lady with the oil problem. I don't trust the dealers story, but she has no proof either. It seems that newer cars don't usually go through that much oil. And didn't snake get a new engine in his car? I like that KIA but I don't know if I could actually buy one.....I'd probably trust the Honda or Toyota more (and suffer with numb handling, but KIA's is probably numb too).

    In summary:
    Pros
    Premium cabin
    Simple infotainment controls
    Large trunk
    Good fuel economy
    CONS
    So-so base engine
    Less agile than rivals
    High projected ownership costs

    Yeah, they gave us a new engine. It went at around 93K miles if I recall.

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • jmonroe1jmonroe1 Member Posts: 9,331

    driver100 said:

    @ab348 U.S News rates a 2020 Sonata as 8 out of 10 and a little weak in performance and higher than average ownership costs. 2020 KIA comes in in 4th place, behind Honda, Mazda 6, and Camry.
    We need more information to which may be impossible to know regarding the young lady with the oil problem. I don't trust the dealers story, but she has no proof either. It seems that newer cars don't usually go through that much oil. And didn't snake get a new engine in his car? I like that KIA but I don't know if I could actually buy one.....I'd probably trust the Honda or Toyota more (and suffer with numb handling, but KIA's is probably numb too).

    In summary:
    Pros
    Premium cabin
    Simple infotainment controls
    Large trunk
    Good fuel economy
    CONS
    So-so base engine
    Less agile than rivals
    High projected ownership costs

    Yeah, they gave us a new engine. It went at around 93K miles if I recall.
    Some guys have all the luck (really a good dealer). Based on the mileage of your car I should have gotten 2 engines since my car only had a few tick over 43K miles IIRC. And I’d be willing to bet my engine was cleaner than yours. To quote the mechanic who looked at it when he talked to the SA, right after he looked at it when it was towed to the dealer, his words were, “that engine is immaculate”. No surprise to me since I think it had around 11 or 12 oil changes in the 7 years I had it.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • oldfarmer50oldfarmer50 Member Posts: 24,203
    kyfdx said:

    bwia said:

    I have not seen one up close and personal but why is the Kia 2022 K5 GT-Line so cheap? At under $30K, in a tight auto market, it seems like a steal or the ultimate auto bargain. Throw in an EV propulsion system and viola, you have a $50k car.

    I was at the Kia dealer today. $5000 ADM on the sticker
    On a Kia? I’m definitely out of the market now!

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • driver100driver100 Member Posts: 32,593
    jmonroe1 said:

    driver100 said:

    @ab348 U.S News rates a 2020 Sonata as 8 out of 10 and a little weak in performance and higher than average ownership costs. 2020 KIA comes in in 4th place, behind Honda, Mazda 6, and Camry.
    We need more information to which may be impossible to know regarding the young lady with the oil problem. I don't trust the dealers story, but she has no proof either. It seems that newer cars don't usually go through that much oil. And didn't snake get a new engine in his car? I like that KIA but I don't know if I could actually buy one.....I'd probably trust the Honda or Toyota more (and suffer with numb handling, but KIA's is probably numb too).

    In summary:
    Pros
    Premium cabin
    Simple infotainment controls
    Large trunk
    Good fuel economy
    CONS
    So-so base engine
    Less agile than rivals
    High projected ownership costs

    Yeah, they gave us a new engine. It went at around 93K miles if I recall.
    Some guys have all the luck (really a good dealer). Based on the mileage of your car I should have gotten 2 engines since my car only had a few tick over 43K miles IIRC. And I’d be willing to bet my engine was cleaner than yours. To quote the mechanic who looked at it when he talked to the SA, right after he looked at it when it was towed to the dealer, his words were, “that engine is immaculate”. No surprise to me since I think it had around 11 or 12 oil changes in the 7 years I had it.

    jmonroe
    Actually, what you had was one oil change too many :s

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • jipsterjipster Member Posts: 6,296
    edited November 2021

    @snakeweasel said:
    One time I went to get my brakes done and they gave me a around a $2K work order for a lot of stuff that needed to be done. This was back in the mid 80's so $2K was some real moola then. Took the car (a 80 Mustang) to another mechanic and who told me all I needed were new pads and rotors, nothing else was wrong with the car. Guess who I kept going back to?

    There's an independent guy I go to occasionally. If my friend hadn't been able to help me, would have bought the brake parts and taken it to him. He doesn't mind if you bring in your own parts for repairs. Would have saved some big bucks doing that.

    I probably could have gotten by fine with one rebuilt caliper and new pads, instead of 2 rebuilt calipers. The other was working fine but rusty. Maybe just a matter of time before they seized. Goodyear did try to sell me on the "optimal safety" theory, when quoting new brakes. They want to replace everything! But wouldn't optimal safety mean buying a new car? LOL.

    2021 Honda Passport EX-L, 2020 Honda Accord EX-L, 2011 Hyundai Veracruz, 2010 Mercury Milan Premiere.
  • kyfdxkyfdx Moderator Posts: 265,778

    kyfdx said:

    bwia said:

    I have not seen one up close and personal but why is the Kia 2022 K5 GT-Line so cheap? At under $30K, in a tight auto market, it seems like a steal or the ultimate auto bargain. Throw in an EV propulsion system and viola, you have a $50k car.

    I was at the Kia dealer today. $5000 ADM on the sticker
    On a Kia? I’m definitely out of the market now!
    $10K on a Telluride

    $2295 at the Honda dealer on an HR-V.

    Another Kia dealer had no ADMs, but also no cars in stock.

    The Mazda dealer where they are getting the CX-30 had six new cars for sale! Total, all models.

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  • MichaellMichaell Moderator Posts: 262,340
    kyfdx said:

    kyfdx said:

    bwia said:

    I have not seen one up close and personal but why is the Kia 2022 K5 GT-Line so cheap? At under $30K, in a tight auto market, it seems like a steal or the ultimate auto bargain. Throw in an EV propulsion system and viola, you have a $50k car.

    I was at the Kia dealer today. $5000 ADM on the sticker
    On a Kia? I’m definitely out of the market now!
    $10K on a Telluride

    $2295 at the Honda dealer on an HR-V.

    Another Kia dealer had no ADMs, but also no cars in stock.

    The Mazda dealer where they are getting the CX-30 had six new cars for sale! Total, all models.
    When I was shopping with my sister in August in San Diego, the Lincoln dealer had 8 new cars for sale. Normally they have 80-100.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • stickguystickguy Member Posts: 53,356
    at this point, I hate being in the market, and probably wouldn't be if it wasn't for a dealer ordering cars at a discount! Just a really bad time to need something on the spot.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • roadburnerroadburner Member Posts: 18,331
    Unless some really exceptional used performance coupe shows up I'm going to wait until I can order a RWD M240i with sunroof delete as well as the other options that the chip shortage has forced BMW to delete..

    Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
    Wife's: 2021 Sahara 4xe
    Son's: 2018 330i xDrive

  • andres3andres3 Member Posts: 13,934
    ab348 said:

    Stories like this one about Kia Canada keep popping up and end up throwing cold water on any desires I might have for one.

    Seems like they transferred Kia Finance employees from the US to Kia Canada with that customer service.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • andres3andres3 Member Posts: 13,934
    I like the part where they measured traffic speeds as increasing even where they had lowered the speed limit. Almost like drivers were giving the middle finger to arbitrarily reduced speed limits by hitting the gas pedal.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • bwiabwia Member Posts: 2,913
    kyfdx said:

    bwia said:

    I have not seen one up close and personal but why is the Kia 2022 K5 GT-Line so cheap? At under $30K, in a tight auto market, it seems like a steal or the ultimate auto bargain. Throw in an EV propulsion system and viola, you have a $50k car.

    I was at the Kia dealer today. $5000 ADM on the sticker
    Don't know said it but it goes something like this: A product is worth what a buyer is willing to pay and what the seller is willing to accept. Neither the two shall meet.
  • tjc78tjc78 Member Posts: 16,964
    edited November 2021

    I almost lost the S60 Thursday night. I was taking my wife to a function with her team about 15 miles or so from home in rush hour along a popular interstate. We are bopping along about 70 in the left lane. Something happens ahead and a Subaru plows another Subaru and then a brand new G wagon creams them both. I’m right behind the G. Nail the brakes and stop in time. Then we nearly get hit from behind, (the person went into the shoulder and ended up past me)

    Driver of the G was a little disoriented from the airbag and the horn of the G wouldn’t shut off. I called 911 and checked to make sure everyone was ok and then got out of there. @stickguy this happened north on 295 right near Woodcrest exit.

    I was so impressed with how well the car braked and stayed so straight. It was a full on foot to the floor 70-0 stop. I haven’t had to do that in years.

    2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic

  • benjaminhbenjaminh Member Posts: 6,549
    What an experience. Glad you're okay. Sounds like the S60 did well.
    2018 Acura TLX 2.4 Tech 4WS (mine), 2024 Subaru Outback (wife's), 2018 Honda CR-V EX (offspring)
  • stickguystickguy Member Posts: 53,356

    Scary. And that’s one of the better designed parts of that road. Just took that exit yesterday.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • oldfarmer50oldfarmer50 Member Posts: 24,203
    stickguy said:

    at this point, I hate being in the market, and probably wouldn't be if it wasn't for a dealer ordering cars at a discount! Just a really bad time to need something on the spot.

    I’m putting all my hopes on a coworker selling me his pristine low mile Ranger when he comes back from Florida next year. Of course that depends on him finding a replacement new car, which in this market may not be possible.

    I’ve heard that GM is partnering with others to build their own domestic chip plants but that’s probably years away. At least I have the security of owning two relatively new cars that will see me through the down time.

    That doesn’t help with the car buying craving though.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • stickguystickguy Member Posts: 53,356
    at some point supply will ramp back up. hopefully normalizes (or close to) by the spring. when it does, prices will crash. Particularly used cars, new probably just settles back to MSRP without ADMs is my guess. But the absurd overpays on used inventory, the bottom could fall out of that quickly.

    my only worry about buying something this year, with potentially planning to trade it in next spring when the next ordered car arrives! But I guess worst case, just keep the first one.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • snakeweaselsnakeweasel Member Posts: 19,592
    stickguy said:

    at some point supply will ramp back up. hopefully normalizes (or close to) by the spring. when it does, prices will crash. Particularly used cars, new probably just settles back to MSRP without ADMs is my guess. But the absurd overpays on used inventory, the bottom could fall out of that quickly.

    my only worry about buying something this year, with potentially planning to trade it in next spring when the next ordered car arrives! But I guess worst case, just keep the first one.

    I just wonder how much prices will crash when supplies ramp back up? Dealerships are now paying higher prices for trade ins meaning that if the used car prices drop significantly they will take a bath on used cars. And they are getting good prices on new ones and may be hesitant on lowering their prices. Dealerships are going to resist any downward price movements.

    But then again it only takes a few dealerships undercutting their competitors prices for prices drops to occur. So it will be interesting to see how car prices go over the next few years.

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • driver100driver100 Member Posts: 32,593
    @tjc78 Glad the S60 performed as it is supposed to and that you were OK. Those incidents can happen so easily, people seem to be driving worse than ever.
    I've said it before, when I drive to tennis here it is about a 20 minute drive, I usually have about 4 close calls coming and going. At home it is also a 20 minute drive, and I have one close call a week. Every day I see zig zagging, tailgating, not stopping at side streets, driving in the wrong lane, going through yellow and red lights......right turn from the wrong lane......everything imaginable.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • bwiabwia Member Posts: 2,913
    tjc78 said:

    I almost lost the S60 Thursday night. I was taking my wife to a function with her team about 15 miles or so from home in rush hour along a popular interstate. We are bopping along about 70 in the left lane. Something happens ahead and a Subaru plows another Subaru and then a brand new G wagon creams them both. I’m right behind the G. Nail the brakes and stop in time. Then we nearly get hit from behind, (the person went into the shoulder and ended up past me)

    Driver of the G was a little disoriented from the airbag and the horn of the G wouldn’t shut off. I called 911 and checked to make sure everyone was ok and then got out of there. @stickguy this happened north on 295 right near Woodcrest exit.

    I was so impressed with how well the car braked and stayed so straight. It was a full on foot to the floor 70-0 stop. I haven’t had to do that in years.

    But why were you driving at 70 mph on 295 in rush hour? Thank God you made it in one piece but putting oneself and family in jeopardy to arrive one minute early is not worth it.
  • ab348ab348 Member Posts: 20,287

    stickguy said:

    at some point supply will ramp back up. hopefully normalizes (or close to) by the spring. when it does, prices will crash. Particularly used cars, new probably just settles back to MSRP without ADMs is my guess. But the absurd overpays on used inventory, the bottom could fall out of that quickly.

    my only worry about buying something this year, with potentially planning to trade it in next spring when the next ordered car arrives! But I guess worst case, just keep the first one.

    I just wonder how much prices will crash when supplies ramp back up? Dealerships are now paying higher prices for trade ins meaning that if the used car prices drop significantly they will take a bath on used cars. And they are getting good prices on new ones and may be hesitant on lowering their prices. Dealerships are going to resist any downward price movements.

    But then again it only takes a few dealerships undercutting their competitors prices for prices drops to occur. So it will be interesting to see how car prices go over the next few years.
    If the situation here applies elsewhere, there are dealers that have nothing to sell at the moment. Their used lots are virtually empty and their new lots ARE empty. They have essentially shut down their car sales departments. When new car supplies come back, then those dealers will be back to business as usual. For a short time they may be skimming the cream from the market but once the supply pipeline from their manufacturer fills up with new cars they will be back to trying to move the metal. Without an inventory of overpriced used cars, and trade-ins finally starting to refill those lots, prices are bound to go back to normal and those who bought overpriced used inventory will indeed be in the bath up to their necks.

    2017 Cadillac ATS Performance Premium 3.6

  • driver100driver100 Member Posts: 32,593

    stickguy said:

    at some point supply will ramp back up. hopefully normalizes (or close to) by the spring. when it does, prices will crash. Particularly used cars, new probably just settles back to MSRP without ADMs is my guess. But the absurd overpays on used inventory, the bottom could fall out of that quickly.

    my only worry about buying something this year, with potentially planning to trade it in next spring when the next ordered car arrives! But I guess worst case, just keep the first one.

    I just wonder how much prices will crash when supplies ramp back up? Dealerships are now paying higher prices for trade ins meaning that if the used car prices drop significantly they will take a bath on used cars. And they are getting good prices on new ones and may be hesitant on lowering their prices. Dealerships are going to resist any downward price movements.

    But then again it only takes a few dealerships undercutting their competitors prices for prices drops to occur. So it will be interesting to see how car prices go over the next few years.
    Used cars have gone up in price by about 25% on dealers lots....but, they don't have very many. Once the supply chain is fixed there will be a lot of pent up demand for new cars, and a flood of used cars will come in. Dealers won't make a profit on high priced used cars, but there won't be many left to sell.

    I am wondering hos does a car salesman survive these days...with nothing to sell?

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • kyfdxkyfdx Moderator Posts: 265,778
    I think normalization is going to take a long time. From our shopping experience, yesterday, no cars available, all coming in are spoken for (which isn't a lot). Car shopping can be put off, but not indefinitely. Demand is going to continue to build, as long as supply is short.

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  • snakeweaselsnakeweasel Member Posts: 19,592
    driver100 said:

    stickguy said:

    at some point supply will ramp back up. hopefully normalizes (or close to) by the spring. when it does, prices will crash. Particularly used cars, new probably just settles back to MSRP without ADMs is my guess. But the absurd overpays on used inventory, the bottom could fall out of that quickly.

    my only worry about buying something this year, with potentially planning to trade it in next spring when the next ordered car arrives! But I guess worst case, just keep the first one.

    I just wonder how much prices will crash when supplies ramp back up? Dealerships are now paying higher prices for trade ins meaning that if the used car prices drop significantly they will take a bath on used cars. And they are getting good prices on new ones and may be hesitant on lowering their prices. Dealerships are going to resist any downward price movements.

    But then again it only takes a few dealerships undercutting their competitors prices for prices drops to occur. So it will be interesting to see how car prices go over the next few years.
    Used cars have gone up in price by about 25% on dealers lots....but, they don't have very many. Once the supply chain is fixed there will be a lot of pent up demand for new cars, and a flood of used cars will come in. Dealers won't make a profit on high priced used cars, but there won't be many left to sell.

    I am wondering hos does a car salesman survive these days...with nothing to sell?
    The key phrase in your post is "pent up demand for new cars". Remember the law of demand, high demand results in high prices. Until that pent up demand for new cars is gone and supplies get up to meet demand you won't see much downward pressure on car prices. As I said car prices are going to be interesting over the next few years.

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • houdini1houdini1 Member Posts: 8,351

    jmonroe1 said:

    mjfloyd1 said:

    @bwia said:

    Today Is Vasectomy day. Congratulations!

    I’ve had two. The first one was a 50% success!

    Does that mean when you didn’t need it, it worked fine? :s

    jmonroe
    I think it means they didn't have twins.

    Hi HO Fiddle de de, you got my brother, but you didn't get me !

    2013 LX 570 2016 LS 460

  • tjc78tjc78 Member Posts: 16,964

    @bwia said:
    But why were you driving at 70 mph on 295 in rush hour? Thank God you made it in one piece but putting oneself and family in jeopardy to arrive one minute early is not worth it.

    Why are you judging? Do I judge your posts? That was the flow of traffic and I had time to stop. Is this a particular road you know well?

    2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic

  • imidazol97imidazol97 Member Posts: 27,676
    edited November 2021
    jmonroe1 said:

    Microsoft Windows Version 1.0 came out November 20, 1985.

    That was 36 years ago.

    What does that have to do with poor quality Korean engines? :s

    jmonroe
    It led to your being able to use a computer with GUI to comment about HyKia.



    One of several interesting writings about the historic event;
    https://howtogeek.com/700661/35-years-of-microsoft-windows-remembering-windows-1.0/


    2014 Malibu 2LT, 2015 Cruze 2LT,

  • driver100driver100 Member Posts: 32,593
    qbrozen said:

    @tjc78 said:

    @bwia said:

    But why were you driving at 70 mph on 295 in rush hour? Thank God you made it in one piece but putting oneself and family in jeopardy to arrive one minute early is not worth it.

    Why are you judging? Do I judge your posts? That was the flow of traffic and I had time to stop. Is this a particular road you know well?

    No. No. No. Don’t fall for the bait, @tjc78 !


    Exactly!

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • roadburnerroadburner Member Posts: 18,331
    tjc78 said:

    @bwia said:

    But why were you driving at 70 mph on 295 in rush hour? Thank God you made it in one piece but putting oneself and family in jeopardy to arrive one minute early is not worth it.

    Why are you judging? Do I judge your posts? That was the flow of traffic and I had time to stop. Is this a particular road you know well?


    Well said.

    Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
    Wife's: 2021 Sahara 4xe
    Son's: 2018 330i xDrive

  • jmonroe1jmonroe1 Member Posts: 9,331
    stickguy said:

    at some point supply will ramp back up. hopefully normalizes (or close to) by the spring. when it does, prices will crash. Particularly used cars, new probably just settles back to MSRP without ADMs is my guess. But the absurd overpays on used inventory, the bottom could fall out of that quickly.

    my only worry about buying something this year, with potentially planning to trade it in next spring when the next ordered car arrives! But I guess worst case, just keep the first one.

    I have a solution to that problem. When you move be sure you have your house built and buy the lot next door. Then use that lot as a car lot until the township comes after you for doing that. You know the price of land ain’t going to go down so when you sell that lot you’ll be rolling in money and then you can build another house and get at least a 4 car garage and that lift you’ve always wanted.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's.
    '18 Legacy Limited with 3.6R (Mrs. j's)
  • MichaellMichaell Moderator Posts: 262,340
    kyfdx said:

    I think normalization is going to take a long time. From our shopping experience, yesterday, no cars available, all coming in are spoken for (which isn't a lot). Car shopping can be put off, but not indefinitely. Demand is going to continue to build, as long as supply is short.

    How many dealers did you visit?

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  • tjc78tjc78 Member Posts: 16,964

    @kyfdx said:
    I think normalization is going to take a long time. From our shopping experience, yesterday, no cars available, all coming in are spoken for (which isn't a lot). Car shopping can be put off, but not indefinitely. Demand is going to continue to build, as long as supply is short.

    Typically spring is a pretty popular time for shopping. If supply doesn’t increase I could see next March/April bringing even higher prices.

    S60 goes back mid-August next year. Supply will most likely be thin negating any chance of a good lease. I may end up extending my lease (if Volvo Finance does that) and hope for better inventory in the winter.

    Option 2 could be to turn it in, and buy a 5K beater for the limited driving I do

    2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic

  • ronsteveronsteve Member Posts: 1,234
    edited November 2021
    mjfloyd1 said:

    @bwia said:

    Today Is Vasectomy day. Congratulations!

    I’ve had two. The first one was a 50% success!




    2015 Acura RDX AWD / 2021 VW TIguan SE 4Motion
  • kyfdxkyfdx Moderator Posts: 265,778
    Michaell said:

    kyfdx said:

    I think normalization is going to take a long time. From our shopping experience, yesterday, no cars available, all coming in are spoken for (which isn't a lot). Car shopping can be put off, but not indefinitely. Demand is going to continue to build, as long as supply is short.

    How many dealers did you visit?
    Two Kia dealers, one Honda, one Mazda.

    Called the other Kia dealers in town. Not one of them had a car (Seltos) that we could test drive. The only ones on the lot were sold.

    Just four CX-30s total for sale at all local Mazda dealers. The trim level that fit their budget was fortunately at the first and closest dealer we visited.

    Drove the HR-V at the Honda dealer across the street. They had two in stock. But, comparing it to the Mazda, she thought it was poky, and down market, even though about the same MSRP.

    Civic Hatch was on the radar, but nary a single one across six dealers.

    After shopping, went home and discussed. They decided on the CX-30, and we went back and bought it. We had a trade. Taking delivery tomorrow.

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  • stickguystickguy Member Posts: 53,356
    bwia said:

    tjc78 said:

    I almost lost the S60 Thursday night. I was taking my wife to a function with her team about 15 miles or so from home in rush hour along a popular interstate. We are bopping along about 70 in the left lane. Something happens ahead and a Subaru plows another Subaru and then a brand new G wagon creams them both. I’m right behind the G. Nail the brakes and stop in time. Then we nearly get hit from behind, (the person went into the shoulder and ended up past me)

    Driver of the G was a little disoriented from the airbag and the horn of the G wouldn’t shut off. I called 911 and checked to make sure everyone was ok and then got out of there. @stickguy this happened north on 295 right near Woodcrest exit.

    I was so impressed with how well the car braked and stayed so straight. It was a full on foot to the floor 70-0 stop. I haven’t had to do that in years.

    But why were you driving at 70 mph on 295 in rush hour? Thank God you made it in one piece but putting oneself and family in jeopardy to arrive one minute early is not worth it.
    if you don't, a Subaru will run up your behind.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

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